REO Analyst

Renovo Financial is a rapidly growing Chicago-based private lender serving real estate investors who acquire and renovate single and multi-family residential properties. We pride ourselves on supporting clients by providing unparalleled service, from the loan application through the payoff. Renovo’s reliability and “win-win” solutions-oriented approach is just one reason why our repeat and referral rates far exceed the industry average. Renovo was honored to be named one of Crain’s 50 fastest-growing Chicago companies and the 2022 + 2023 + 2024 Top Workplace winner, as recognized by The Chicago Tribune.

The REO (Real Estate Owned) Analyst will provide critical underwriting, valuation, and administrative support throughout the eviction, pre-marketing, and closing processes for REO assets. The ideal candidate possesses strong analytical ability, accuracy in valuation and invoicing, a solid understanding of REO timelines, and clear communication skills with internal stakeholders, brokers, and service vendors. This is non-exempt role reporting to the Vice President of REO Servicing at Renovo Financial.

• Support eviction and pre-marketing activities, coordinating with legal counsel and field vendors
• Assist in the REO closing process, ensuring all documentation and payments are complete
• Order and review valuations/appraisals to support pricing decisions
• Process invoices from vendors and ensure accurate coding and payment
• Maintain comprehensive records of REO activity, deadlines, and stakeholder communications
• Provide administrative support to REO and Conveyance teams as needed
• Collaborate with default and servicing teams to transition assets efficiently
• Perform quality control to ensure compliance with internal guidelines and investor requirements

The ideal candidate for this role will have:

• 2+ years’ experience in REO, bankruptcy, foreclosure, or asset management
• Understanding of eviction processes, REO timelines, and closing procedures
• Strong analytical and financial skills; familiarity with valuations and vendor invoicing
• Exceptional attention to detail and organizational skills
• Excellent communication, internal coordinators, attorneys, vendors, property managers
• Proficient in MS Excel, Outlook; experience with REO/asset management systems preferred
• High school diploma or equivalent;
  Associate’s/bachelor’s degree preferred

Pay:
From $55,000.00 per year

At Renovo, we’re building a team that reflects a wide range of backgrounds, perspectives, and skills because we believe diverse voices make us stronger. We’re proud to be an equal opportunity employer and welcome applicants of all identities and experiences.